Report Highlights

The global market for smart city information and communications technologies should reach $994.6 billion by 2023 from $476.7 billion in 2018 at a compound annual growth rate (CAGR) of 15.8% from 2018 to 2023.

Report Includes

47 data tables

An overview of the new and evolving information and communication technology investment driven by smart city applications

Analyses of global market trends, with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023

Information on major factors influencing the smart cities market, such as the presence of a creative class, the quality of and dedicated attention to the urban environment, the level of education, multimodal accessibility, the use of information communication technologies for public administration, and how these factors correlate into urban wealth

Analysis of important growth opportunities, including new transport management systems, smart grids, water monitoring systems, and energy-efficient buildings

Company profiles of major players in the smart cities market, including Accenture, General Electric, Hitachi, Microsoft, Siemens, and the Toshiba Group

Report Scope

This report covers the global market for smart city technologies and regional analysis of North America, Latin America, Europe, Asia-Pacific, and the Rest of World. Component segments include communications, hardware, sensors, and software as well as in-depth market size and forecast for key end-user segments including energy management, water management, transportation management, assisted living, e-government, and waste management.

Analyst Credentials

Michael Sullivan has more than 20 years of experience tracking and analyzing technology and buyer behavior in energy and information technology (IT). He is an expert in the changes to business, energy and technology strategy that occur at the inflection points. Michael has written and researched the current inflection points of green buildings, energy management systems and cloud for companies such as Microsoft and Hewlett-Packard, as well as energy and building system transformation for companies such as Schneider-Electric. An author and journalist, he also writes market research reports in the categories of Environment, Healthcare, Information Technology, Instrumentation and Sensors and Security. He has an MBA from Boston University School of Management.

Table of Contents & Pricing

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Published - Jul-2017|
Analyst - Michael Sullivan|
Code - IFT115B

Report Highlights

The global smart cities market for information and communications technologies reached $342.4 billion in 2016 and should reach $774.8 billion in 2021, with a compound annual growth rate (CAGR) of 17.7% from 2016 to 2021.

Report Includes

An overview of the new and growing information technology markets relating to smart cities.

Analyses of global market trends, with data from 2015 and 2016, and projections of CAGRs through 2021.

A focused and operational definition of the smart city construct as well as consistent evidence concerning the geography of smart cities.

Information on major factors influencing smart cities, such as the presence of a creative class, the quality of and dedicated attention to the urban environment, the level of education, multimodal accessibility, the use of information communication technologies for public administration, and how these factors correlate into urban wealth.

Analysis of important growth opportunities, including new transport management systems, smart grids, water monitoring systems, and energy-efficient buildings.

Profiles of major players in the smart cities industry.

Published - Jun-2015|
Analyst - Miguel Pimentel|
Code - IFT115A

Report Highlights

The global market for smart cities information and communication technologies (ICT) was valued at $212.3 billion in 2013 and $293.2 billion in 2014. This market is expected to reach $668.5 billion in 2019, with a compound annual growth rate (CAGR) of 17.9% from 2014 to 2019.

Report Includes

An overview of the new and growing information technology markets relating to smart cities.

Analyses of global market trends, with data from 2013, 2014, and projections of CAGRs through 2019.

A focused and operational definition of the smart city construct as well as consistent evidence concerning the geography of smart cities.

Information on major factors influencing smart cities such as the presence of a creative class, the quality of and dedicated attention to the urban environment, the level of education, multimodal accessibility, the use of information communication technologies for public administration, and how these factors correlate into urban wealth.

Analysis of important growth opportunities including new transport management systems, smart grids, water monitoring systems, and energy efficient buildings.

The global market volume for methane hydrates should grow from 17.8 thousand cubic meter in 2018 to reach 80.2 thousand cubic meter by 2023 at a compound annual growth rate (CAGR) of 35.1% for the period of 2018-2023.